today's features

an accountant’s role in exit planning

portrait of christine nicholson
nicholson
christine nicholson is an award-winning u.k. business mentor, a top 50 woman in accounting 2020 honoree, and a regular keynote speaker about succession and exit planning. her latest book, sell it, helps entrepreneurs with the hardest part of their journey: leaving their business in the hands of others.

guide business owners to success.

by christine nicholson 
the holistic guide to wealth management

have you ever thought about how many of your clients have a thriving business – one that’s been their driving passion and source of income for years? how many of them are starting to think about stepping away from the day-to-day responsibilities and passing on the reins? and how many do you believe are fully prepared for that transition? not many, i suspect. this is where your role in exit planning comes into play.

more: how to prepare your clients’ kids for their inheritance | a question of trust: not just for the wealthy | bridge the advice gap for better financial futures | subscriptions beat aum and hourly fees for wealth management | pursue excellence to win the battle for talentseven tech keys to a holistic service model | toward a 21st-century cpa: a dynamic vision | why cpas are best positioned to become financial advisors | rory henry upends the traditional accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

exit planning is a strategy for business owners to transition their business successfully to new ownership or management. with a grasp of the business’s financials and years of insights from compliance services, accountants are perfectly positioned to engage business owners in many aspects of the exit process. you can help businesses prepare a comprehensive exit strategy, addressing all potential challenges and contingencies. here’s how you can really make a difference.
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price your cas packages in tiers

then show the most expensive one first. here’s why.

by hitendra patil
client accounting services: the definitive success guide

when your prospects shop for client accounting services, what they find out about cas pricing methods and trends defines their pricing expectations. if you follow very different approaches to price your cas offering, it will take significant effort on your part to educate the prospects (and existing clients) about why you are pricing cas the way you are. as they say, it’s easier to ride the horse in the direction it’s going.

more by hitendra patil
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

it is good to first conform to the perceptions of prospects when it comes to your cas pricing. once you ride the horse, you can direct it to the destination you want to take it to. once you conform to the pricing method (not the dollar value) expectations of the prospect, their anxiety, and perception of risk (what value will they receive in the price they are willing to pay) reduce. after that, they are more open to evaluating the choices you present to them.
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carla mccall: create leaders from within | gear up for growth

self-awareness and self-reflection are key to discovering an authentic leadership style.
originally published nov. 1, 2024
sponsored by “radical pricing: how to optimize profits, delight clients, and build a top-value firm” by jody padar, cpa, mst. see today’s special offer

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gear up for growth
with jean caragher
for 卡塔尔世界杯常规比赛时间

in this episode of gear up for growth, host jean caragher welcomes carla mccall, managing partner of aafcpas and immediate past chair of the aicpa, for a candid conversation about one of the most pressing challenges facing the accounting profession: leadership succession.
gear up for growth spotlights the best strategies for smart and effficient growth in today’s competitive landscape. more gear up for growth here.more capstone conversations with jean caragher | more jean caragher here | get her best-selling handbook, the 90-day marketing plan for cpa firms, here | more 卡塔尔世界杯常规比赛时间 videos and podcasts here
with 75% of cpas in public practice set to retire within the next 15 years, the need for strong, forward-thinking leadership has never been more urgent. mccall shares her personal journey of rising through the ranks at aafcpas, offering practical insights into how firms can—and must—prepare the next generation of leaders.

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irs’s big annual report: already out of date as agency grapples with chaos and cuts

three commissioners later, and 30,000 staffers gone in just weeks.

irs headquarters, washington

by 卡塔尔世界杯常规比赛时间 research

the irs data book 2024 presents a vision of a revitalized agency on a steady upward climb – just before a wave of events turned that vision upside down.

more: tax and tax practice | irs makes big progress but, | tax season 2025 begins. ready or not | why chaos at the irs spells new work for tax professionals | tax turmoil and opportunity: breaking down the q1 2025 tax landscape

just released, it recounts the irs’s activities from october 2023 through september 2024.

but while the book is dressed in the confident prose of a federal annual report, events since its close date have added more than a few asterisks to its outlook.
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from compliance to advisory: shifting the value proposition

hand holding light bulb

how to begin transforming your services.

by jackie meyer

for too long, the accounting and tax profession has been synonymous with one thing: compliance. filling out forms, meeting deadlines, making sure all the boxes are checked.

more: niche down to scale up | how to define your vision | how i became an accidental entrepreneur | build a seven-figure firm in four hours a week
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

compliance is important – don’t get me wrong – but it’s only part of the story. to truly thrive today, and to build a practice that aligns with the balanced millionaire philosophy, you must shift your focus from compliance to advisory.
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